India’s Kingfisher Revival Plan ‘Unconvincing’

A revival plan proposed by India’s troubled Kingfisher Airlines is not enough to get the carrier back in the skies, an aviation ministry official said on Friday. Kingfisher has been grounded since October and boss Vijay Mallya hopes to restart limited operations in March, but the government is not…

In a New York City courtroom Wednesday morning, a Federal Bankruptcy judge cleared American Airlines parent AMR to emerge from Chapter 11 bankruptcy. The judge's actions cleared all remaining legal obstacles to the merger of US...

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